Who Does Your Company Belong To?
What is the reason for a company's existence?
We have to understand where this discussion, which was sparked by the announcement of Business Roundtable, represented by the CEO of 181 international companies, in August, and how it might have consequences. You ask why? Because a new understanding is coming that defends that companies should take advantage of other stakeholders, especially employees and society, as well as the value of their shareholders in making strategic decisions. This means that management habits and institutional structures will inevitably change.
* Dr. Emre Doğru's article "Behavioral Era in Strategic Management" was published on Harvard Business Review. The article is only available in Turkish.
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